Simple And Compound Interest Problems For Bank Exams

In quantitative aptitude usually all the topics are same never changed for exam to exam. Simple interest and compound interest problems for bank exams. Simple interest and compound interest problems for bank exams simple and compound interest questions are not the hardest topics in quantitative aptitude but one needs to be good with logic to answer them correctly.

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Problems On Simple Interest And Compound Interest For Bank Exams

Compound interest problems asked in competitive exams usually.

Simple and compound interest problems for bank exams. Among all topics simple and compound interest is most familiar among all candidates. Simple and compound interest are two different methods to calculate the interest. Simple interest and compound interest questions are mostly asked in banking exams. In the simple interest questions you have to calculate interest according to the time and rate whereas in compound interest questions you have to add interest to the principal sum of deposit or in other words interest on interest.

These compound interest problems are very important for ssc and bank exams. So candidates can prepare with all the topics of the quants section. Simple compound interest problems bankexamstoday. Today i am providing 35 important questions fopr bank exams.

Find the compound interest on a principal amount of rs 5000 after 2 years if the rate of interest for the 1st year is 2 and for the 2nd year is 4. A rs 304 b rs 314 c rs 324 d rs 334 answer. So you must learn how to solve compound interest problems with solutions for ssc and bank exams.

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